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​Länsförsäkringar says COVID talks with issuers led to ESG bond surge

By Rachel Fixsen2021-04-16T15:13:00+01:00 Swedish pensions and insurance group Länsförsäkringar said it bought SEK7.5bn (€742m) of sustainability-orientated bonds in 2020, bringing its total holdings in this type of debt to SEK17bn or 13% of its institutional life and insurance portfolios. Länsförsäkringar said the build-up had been possible thanks to a focus on direct investment in the primary market, and a close dialogue with the issuers of bonds – which it said had been particularly important at the beginning of the pandemic. In a statement, Länsförsäkringar said: “Together with industry colleagues, capital was mobilised and investments were made in socially-orientated bonds with the aim of mitigating the health and economic effects of the pandemic, both locally and globally.”

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